News Corp. made it official late Monday. Chairman and CEO Rupert Murdoch confirmed the departure of Peter Chernin from his roles of president and COO, plus CEO of the Fox Group, when his contract expires on June 30.
First chairman and CEO Rupert Murdoch got defensive about Dow Jones (NYSE: NWS), then News Corp COO Peter Chernin hit the stories about Fox Interactive Media not making its $1 billion goal head on in today's earnings call: "Yes, w... Read Post
News Corp (NYSE: NWS). CEO Rupert Murdoch's memo annoucing Peter Chernin's departure: Dear Colleagues: Today, we are announcing that Peter Chernin, our President and COO, will not be renewing his employment contract. Peter will be t... Read Post
After hours of tom-tom beating, it's official—News Corp (NYSE: NWS). President and COO Peter Chernin will leave on June 30, when his current contract expires. As expected, Chairman and CEO Rupert Murdoch did not announce a successor... Read Post